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Artificial Intelligence Machine Learning Mechanical Engineering National Security North America Robotics Security Software

Shield AI Raises $90M in Series C Funding

– Shield AI from San Diego develops self-driving software to enable unmanned systems to operate without GPS and communications.
– The company raised $90M in Series C funding.
Point72 Ventures led the round.
– The company intends to use the funds to scale and further integrate its self-driving software, Hivemind, into additional platforms across the Defense industry.

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Computer Network Security North America Security

PerimeterX raises $57 million to fight bots and web app attacks

– PerimeterX, a cybersecurity startup developing a platform to protect apps from malicious actors, today announced it has raised $57 million in growth capital, bringing its total raised to $144 million.
– The company says this investment will be used to expand into new geographies and verticals and grow its workforce.
– According to Markets and Markets, the security orchestration, automation, and response (SOAR) segment is expected to reach $1.68 billion this year, driven by a rise in security breaches and incidents and the rapid development and deployment of cloud-based solutions.
– According to Risk Based Security, data breaches exposed 4.1 billion records in the first half of 2019.
– That may be why 68% of business leaders in a recent Accenture survey said they feel their cybersecurity risks are increasing.

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Home Health Care Intelligent Systems Motion Capture North America Security Sensor Smart Home

Origin Wireless Secures $14M Funding

– Origin Wireless, a developer of a wide range of Wi-Fi smart home, health, well-being, and indoor tracking applications with high performance, low cost, and ease of use, announced it has closed its recent financing round and raised a total of $14m.
– The company received funding from key investors and partners including Verizon Ventures and Alarm.com.

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Mobile Network Security North America Security Software

vArmour, the multi-cloud security startup, raises $58M en route to IPO

– vArmour, a multi-cloud security startup, raised $58m funding.
– The round was led by AllegisCyber Capital and NightDragon, and joined by Standard Chartered Ventures, Highland Capital Partners, Australian carrier Telstra, Redline Capital and EDBI.
– The company appointed a CFO last October as part of its go-public plan.
– It is likely to look at making some acquisitions in the meantime.

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Cyber Security Network Security North America SaaS Security

Red Canary Closes $81M Series C Financing

– Red Canary, a provider of SaaS-based security operations solutions, has closed its $81m Series C financing round led by global growth equity investor Summit Partners.
Summit Partners was joined by existing investors Noro-Moseley Partners and Access Venture Partners.

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Biometrics Blockchain Consumer Software Cyber Security E-Signature Enterprise Software Ethereum Facial Recognition Identity Management Information Technology Network Security North America Security Software Software Engineering Speech Recognition

1Kosmos Secures $15 Million in Series A Funding from ForgePoint Capital

– 1Kosmos secured funding of $2.6m.
– The funding will be used to accelerate the company’s growth and product roadmap.
– 1Kosmos has assembled an advisory board that brings together top professionals in the cybersecurity industry.
– The company’s indisputable ID-proofing process leverages user-uploaded identity credentials.
– This eliminates the need for usernames and passwords or complex multi-factor authentication.
– 1Kosmos integrates with any application, website or operating system and doesn’t require additional software or technology.

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Asia Internet of Things Network Security Security

SecuriThings Raises $14M in Series A Funding

– SecuriThings is a Tel Aviv, Israel-based IoTOps company.
– Series A $14m round was led by Aleph with participation from existing investors Firstime VC and angel investors.
– The new investment will be used to expand the functionality of its IoTOps platform, and build out its global sales and marketing operations.
– The company has already established partnerships with global system integrators, device management systems and edge device vendors including Microsoft, Convergint Technologies, Johnson Controls and many others.

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Apps Cyber Security Information Technology Internet North America Security

Online Login And Checkout Experience Fast Raises $102 Million In Series B

– Fast is a company that offers a one-click purchasing process.
– The company raised $102m in Series B funding.
– The round was led by Addition and Stripe with participation from existing investors Index Ventures, Susa Ventures, Sugar Capital, and Jaren Glover.
– The company plans to double-down on its product expansion, reaching even more sellers through new use cases such as subscriptions and one-click online media purchases.
– Fast is going to also move into more markets outside of the US.
– Plus the funding will power continued hiring of top talent.

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Analytics Artificial Intelligence Big Data Cyber Security Fraud Detection Machine Learning Mobile Advertising North America Security

Scalarr Secures $7.5M in Series A Funding

– Scalarr is a machine learning based ad fraud prevention company based in Delaware.
– The company raised $7.5m in Series A funding.
– The round was led by the European Bank of Reconstruction and Development (EBRD), with participation from TMT Investments, OTB Ventures, and Speedinvest.
– The new investment will be used to expand the company’s presence and operations in Asia.

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